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Sunday, December 4, 2022

Stimulus Check: Is There A Possibility For New Federal Checks?

Stimulus Check has been the talking point of Americans for the last two years. The money received from the government has benefited the people largely. However, citizens have stated that the money offered was not enough. The federal government designed the plan in the month of March. They have sent out three rounds of stimulus checks so far. The third round of payments was sent out by the IRS recently.

The checks were worth $1400. These were sent out as direct payments to the qualified individuals. People earning below $75000 were entitled to receive the stimulus payments. According to reports, the money provided is not enough to see the Americans for long.

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The amount received by the citizens will soon be used up. Most households have a huge backlog of payments like rent. The shutdown made many Americans lose their jobs. This has resulted in high demand for the fourth round of stimulus checks. Let us find out the probability of receiving the fourth funding below. 

Stimulus Check To Be Provided By States 

America has witnessed a surge in covid cases in the recent past. The number of people getting infected spiked up at an alarming rate. However, even after the pandemic situation is getting better, inflation and the rising prices of gas have made the people suffer a lot. 

Some states in America have announced stimulus checks for their residents. Michigan, California, Florida, New York, Colorado, New Mexico, Maryland, Texas, etc have offered assistance to the citizens. California is the solitary state so far to have already given out the first set of money. 

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